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Reuters: Sweden makes dramatic rate cut

Started by chris, December 04, 2008, 11:59:21 AM

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chris

Sweden makes dramatic rate cut
      


LONDON/TOKYO (Reuters) - Sweden cut interest rates by a record 175 basis points on Thursday, prompting speculation of dramatic cuts elsewhere in Europe to try to stop a global slump spreading faster than policymakers had anticipated.<div class="feedflare">
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